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US30 Hits 52-Week High as Semiconductor Rout Drags on Tech Sector

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The Story

News Summary

  • The Dow surged to a 52-week high driven by healthcare sector strength, while the broader market faces pressure as semiconductor stocks plunge.
  • Broadcom's failure to raise AI revenue guidance triggered a sharp sell-off in the chip sector, offsetting gains in other major indices.
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US30 price history

52573.29 +13.19% over the displayed period

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